Home Equity Lending News, June 10, 2024–Steve RappoportIndustry experts are upbeat about the future of the alternative lending market, and one is speculating that home-equity issuance could double or triple. …
Category: Top National News
MBA’s Killmer on Election Stakes for Mortgage Players
National Mortgage News, June 3, 2024–Andrew MartinezWith the November elections set to impact future policies and laws affecting real estate and housing finance professionals, one of the biggest trade groups …
Industry Experts Closely Watch ARM Resets Amid Higher Rate Environment
HousingWire, June 3, 2024-Flávia Furlan NunesAfter falling out of favor due to their role in the 2008 housing crash, adjustable-rate mortgages (ARMs) have gained popularity over the past few years.Click …
Extreme Hurricane Season to Put Tens of Millions of Homes at Risk This Summer
Mansion Global, May 30, 2024-Chava GourarieThe U.S. is headed into what’s expected to be a busy hurricane season, according to the National Oceanic and Atmospheric Administration (NOAA), which forecast up …
Array of Mortgages Cover Hard-to-Qualify Properties, Borrowers
Orange County Register, May 30, 2024–Jeff LazersonSelf-employed homebuyers who have insufficient tax return income and are seeking a loan can choose from an array of exotic mortgage programs or so …
U.S. Mortgage Delinquency Rates Remain Near Historic Lows: CoreLogic
HousingWire, May 30, 2024-Sarah MarxIn March 2024, the national delinquency rate for residential mortgages stood at 2.8% for the third month in a row, up slightly from March 2023, according …
Zero-Down Mortgages Are Making a Comeback
CNN, May 30, 2024-Matt EganMany Americans would love to buy a home, but they don’t have tens of thousands of dollars to cover a down payment.Click here for more
GSE CES Opposition Strong, More Details Wanted
Home Equity Lending News, May 24, 2024–Sam GarciaWhile there is support for a Freddie Mac closed-end second product, there is plenty of opposition. Among the concerns are the disruption to …
How Some Homebuyers Are Snagging Rare, Sub-4% Mortgages
Axios, May 21, 2024-Emily PeckHomebuyers typically covet amenities like walk-in closets or cold-plunge pools — but the latest hot thing in the housing market is the old-school sub-4% mortgage.Click here for …
Weekly Mortgage Refinance Demand Revives as Interest Rates Fall to 7-Week Low
CNBC, May 22, 2024–Diana OlickApplications for a mortgage to purchase a home fell 1% for the week and were 11% lower than the same week one year ago, the Mortgage …